Comment on Classifying Your Market Activity

Sahil Sharma commented on 22 Oct 2018, 09:39 PM

Sir i have a question.
I am confused here on this STCG vs business income.
The confusion is about the trading being FREQUENT as mentioned in the chapter.
So my question is that if lets say i bought shares worth 30000₹ and sold them a week later for (lets say) 35000₹. And every week i am buying shares and selling them weekly anf if i am doing this constantly for 30-45 weeks of a years(meaning i am trading almost every week of the year).
So will then my profits come under STCG or business income? Because i am not able to understand this FREQUENCY thing here. How much frequency in numbers make difference in STCG and Business income?
Please answer otherwise won’t be able to understand next chapters.

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